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20 Sep 2016

New survey reveals 9 out of 10 patients with IPF were happy with how their doctor told them about their IPF diagnosis

  • However, need for additional information to help patients at IPF diagnosis identified
  • Survey also revealed that physicians’ understanding of their patients’ priorities were aligned with patients' actual priorities at diagnosis

A"...

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20 Sep 2016

Local services marketplace, StarOfService, secures $10m investment

StarOfService, Europe’s leading marketplace for local services, has successfully raised $10m in Series A investment. It follows two previous seed funding rounds worth $2m in total and will accelerate the French start-up’s ambitious expansion plans to take the global leadership position.


......

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20 Sep 2016

Takeda and Zydus Cadila partner to address the global threat of Chikungunya

Takeda Pharmaceutical Company Limited [TSE: 4502], (“Takeda”) and Zydus Cadila today announced a partnership to tackle chikungunya, an emerging infectious disease in Africa, Asia and the Indian subcontinent. In recent decades mosquito vectors of chikungunya have spread to Europe and"......

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19 Sep 2016

Pharos expects to raise rates 1%, eyes another 1% hike in November

Expect MPC to Raise Rates 1%; Eyeing Another 1% Hike in November


Pharos Holding said in its report sent to Arab Finance that We believe that the MPC will raise policy rates by 1% during its upcoming meeting on September 22nd, mostly due to inflationary concerns and in preparation for devaluation, in order to increase the attraction of holding EGP versus USD and in a bet to"......

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19 Sep 2016

1.2 m housing units constructed in Egypt in past 5-year: CAPMAS

The number of housing units constructed in Egypt during the past five years is 1.2 million, with investments up to EGP 109.6 billion by the public and private sectors, a CAPMAS report revealed on Sunday.

In"...

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19 Sep 2016

Egypt government to start IPO program with oil companies

Egypt is set to launch its initial public offerings in government-owned companies with oil sector businesses, aiming to collect up to $10 billion dollars within three to five years, the minister of investment said.

The"...

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19 Sep 2016

Bureaucracy, legislation forest drives investors away from Egypt: FEB legal advisor

Ruqaya Riad, a legal adviser to the Federation of Egyptian Banks (FEB), believes that Egypt’s complex web of bureaucratic practices and legislative procedures is one the major deterrents turning investors away from the market, and called for the formation of a committee of jurists"...

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19 Sep 2016

Egypt’s economic projects financed with EGP 180bn in 1 year by banks: Emirates NBD deputy managing director

Banks have injected EGP 180bn into financing several economic projects within a year’s time and are still ready to inject more funds to support the economy in the coming period, according to Deputy Managing Director and Chief Risk Officer of the National Bank of Dubai (NBD) Sahar El-Damati.

"...

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19 Sep 2016

Electricity Ministry agrees with Siemens to run 2 production units in Beni Suef

The Ministry of Electricity and Renewable Energy agreed with Siemens to run two electricity production units in the Beni Suef power plant, with a capacity of 800 megawatts, by November.

An official at the ministry said that gas supply lines to the Beni Suef power plant have been successfully"...

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19 Sep 2016

Egypt’s retail market ‘is back in business’

Largely recovered from the political and economic instability of 2011 and 2012, Egypt is back to enjoying a fast-growing economy, according to A.T. Kearney’s ‘Egypt’s retail market (cautiously) Back in Business’ report. The face of the retail market in particular"...

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